Sunday, 10 May 2015

Papuasia invest buys Zynga

We are expecting that Zynga makes 450 million dollars in revenue in 2015 from the online gamimg markets for mobile devices.
If their revenues grow by 80% a year in this segment we expect that in 2017 they can reach 1.400 million dollars. Total revenue can be 1.700 million dollars with advertise and social games revenue.
An 1 billion profit target can be on the horizon soon.

Also if the company doesn´t make it on it´s own it is likely to be a take over target.

We rate Zynga as a speculative buy and expect the price to reach 5 dollars soon.



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